What Is the Most Basic Criterion for Determining Whether Someone

question 48

Multiple Choice

What is the most basic criterion for determining whether someone is a prospect for a product?

• A)degree of autonomy
• B)ample resources
• C)a need for reciprocity
• D)a need that is not being satisfied

Understand the role of performance appraisals in reinforcing positive behavior and improving performance.

Gain knowledge about different appraisal methods and their applications.

Understand how performance appraisals can influence pay reviews and organizational policies.

Recognize the importance of fairness and accuracy in performance appraisals.

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Definitions:

Agency Relationships

A legal relationship where one party, the agent, is authorized to act on behalf of another party, the principal, in business transactions.

Gratuitous Agent

An agent who acts on behalf of another without any compensation for their services.

Duty Of Loyalty

An obligation of fiduciaries to act in the best interest of the beneficiaries or the entities they serve, avoiding conflicts of interest.

Sales Agent

An individual or entity authorized to sell and market products or services on behalf of another party, known as the principal.